Ambikacotton
Ambika Cotton Looking strong AgainAmbika Cotton Mills Limited (ACML) based out of Coimbatore in Southern India, is engaged in the manufacture of premium quality Compact and Elitist cotton yarn for hosiery and weaving. Ambika Cotton is an established player in the international and domestic yarn market with exports constituting roughly sixty percent of its revenues. CMP of the stock is 1600.
Entry after closing above 1602. Targets in the stock will be 1643 and 1676. Long term targets in the stock will be 1700+. Stop loss in the stock should be maintained at closing below 1488.
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Ambika Cotton 👚 - Result pop and long way to go from here?NSE:AMBIKCO
I am sharing my view on Ambika cotton previously several times -
from Rs1200.00 - stock is now poised for strong upside of above Rs 2200
Results that has come for this share has been exceptional
In the video I am sharing the technical and fundamental -result for 31 / 12 /2021
Disc: Invested , do you due diligence and research before taking action.